Let's break down the market's main altcoin #ETH🔥🔥🔥🔥🔥🔥 💰
⬆️The #asset is now between the local support level around $2,900 and the local resistance level around $3,300. During the spill, it broke the upward trading channel, tested the support level and started to form an #upward trading channel
✅ In the near future I expect a small corrective movement after which we will start an impulsive upward movement.
🔜I plan to enter the trade from the current (3140-3000$).
🛑 Stop loss will be at (2900$)
✅First take (3363$)
✅Second takeout (3920$)
When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 16% of net movement